in

NFT REVIEW NEWS Ripple Reveals the Latest Recipients of its NFT Creator Fund


Vast Web3 ecosystem, Ripple, has doubled down on its commitment to the NFT industry, announcing the second wave of beneficiaries in its mammoth $250 million NFT creator fund.

Through the initiative, Ripple aims to promote and foster NFT projects built on the XRP Ledger. Essentially, providing a springboard for tech start-ups to launch meaningful experiences on the up and coming blockchain. As a result, setting aside a whopping $250 million to support the next generation of NFT projects on its infrastructure.

In its latest announcement, Ripple will lend a helping hand to a number of exciting platforms built on the XRP Ledger, including potential game-changers such as Web3 platforms, 9LEVEL9, Anifie, Capital Block, NFT Master, SYFR Projects, ThinkingCrypto and Cross Metaverse Avatars. All with a grand plan to raise the NFT stakes and profile of XRP Ledger within the Web3 environment.

Ripple first announced its NFT creator fund in September 2021, and has continued to promote it despite a recent downturn in NFT activity, initially sharing its first wave of recipients back in April as it continues to explore and innovate within the Web3 space.

XRP Ledger represents an open source, decentralized network that allows the efficient tokenization of assets, providing a fully-scalable layer 1 network that has the power to compete with the biggest players in the industry.

Find out more >> Here

Want more? Connect with NFT Plazas

Join the Weekly Newsletter
Join our Discord
Follow us on Twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.





Source link

If this article, video or photo intrigues any copyright, please indicate it to the author’s email or in the comment box.

What do you think?

26 NFT Points
Upvote Downvote

Written by NFT REVIEW MARKET

I am the curator of the NFT Review Market News. If the document or content infringes any copyright, please point it out in comments and it will be promptly removed. To all the articles we include the link of the Resource that appears as Source Link If this article, video or photo intrigues any copyright, please indicate it to the author's email or in the comment box.

NFT REVIEW Arcade Raises $3.2M From Crypto.Com, Solana, KuCoin and Others to Mainstream GameFi 

NFT REVIEW GAMING Wolves of Rome Launches ‘Empire Liches’ NFTs on Cardano